And let’s not forget the naturally-aspirated flat-crank 5.2-liter V8, the adaptive magnetorheological suspension, and unique aerodynamic bodywork. Better yet, it has a surprisingly reasonable starting price: at just $62,195, the Shelby GT350R is far more affordable than its main rival, the $75,000 Chevrolet Camaro Z/28.

“This is a special day for all Mustang enthusiasts,” said executive chairman Bill Ford. “We have taken the GT350 formula to the next level of innovation, style, and performance. Today the legend continues.”